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of just 2.5% in the u.s., 1.5% in canada and zero growth in the uk. locally, cutbacks in government spending weighed on the numbers and lower commodity prices also impacted on cash flow and the government is facing more criticism about its effort to keep the budget in surplus while the economy grows. >> the government has had the objective of making sure that we would bring our budget back to surplus when growth has been around trend. what we've been seeking to do through good budget policy has been to provide maximum flexibility to the reserve bank to a just rate so. the government will always put in place appropriate budget settings which will support growth and jobs. >> still, analysts say growth could slow further as the mining investment boom peaks. yesterday, the bank of australia cut interest rates to a record low of 3% and traders are looking further easing next year to offset the falling talks of trade, the high australian daughter and further cutbacks in government spending. >> despite that prognosis for rates and the fact that we're now matching the record lows here, the
if it weren't for the ipad, the uk sales figures would be extraordinarily weak. >> yes. although, you know, for the uk economy, the consumer sector is not the weakest point. i think what is interesting about the uk economy in the last six months is this quite stronger than expected growth. if you look at the gdp number. but a very worrisome trend. so a liberal market that remains very, very firm with respect to other similar economic weakness. and i think that is what we really have to solve on the uk economy to know if this relativerelativ relatively soft, but also, i mean, rather encouraging if you look at other european countries numbers. i think we will have to wait until well into next year to understand if this is going to have a long-lasting consequences on the uk economy and also on the consumer sector. it's too early to say. >> you mentioned it's not necessarily the consumer where we're looking at the gauge of growth in the uk. but we see the employment figures be relatively strong even at a time when gdp generally is weak. what's the disconnect between what we're seeing in the em
to come. in just one instance revealed by the u.k. financial services of 40, ubs made corrupt payments of about $24,000, a quarter over 18 months, to reward brokers for helping to manipulate the global interest rate. the u.k. authorities have already arrested three people in connection with the serious fraud of criminal libor investigation. >> shareholders are getting more serious about asking serious questions with these practices. there have not been enough to drive an enormous or definitive change in the banking culture as a result. this is why many people say the financial companies will not be as significant -- the financial penalties will not be as significant as the criminal police. >> ubs, already rocked by a rogue trading scandal, a tax investigation, and huge subprime losses. >>> william black is a former u.s. federal regulator and associate professor of the economy and law at the university of missouri. >> there is nothing astonishing about this behavior. this is what virtually every large banked active in the market did. and they did this quite predictably because the top m
of what weather. it is piling up over the u.k.. that is why we have the flood warnings. you can see more clouds trying to make its way across europe. as the rain makes its way into the cold air, it is turning more wintry. we will see it turned to snow. behind it is where the milder air is. towards the northwest, the rain continues. for the u.k., it will still be very what -- it will still be very soggy. we're looking in the top temperature of around 19 degrees. there is likely to be more in the wake of clouds. there could be showers across libya and parts of egypt. green festival, only on link tv. >> welcome back. police in india have used water cannons to disperse crowds in new delhi. people have been on the streets for six days voicing anger over the gang rape of a young woman. mario monti says his country has pulled itself out of the financial crisis. he stepped down after silvio berlusconi's right party withdrew support for the government prepare. the vote on the draft constitution in egypt is expected on monday. the moslem brotherhood is claiming victory. a senior provincial ministe
us is allen higgins, chief investment officer for the uk coutts. good morning. >> good morning. >> so we've had 12 years of exposure to gold. you're limiting it now. why? >> it's starting to lag, but more subtly from a portfolio construction perspective, it's lost its negative correlation. for example, quarter 2010, well, euro crisis won when we had equity markets down a lot then gold really surged forward, giving a negative correlation. and so for the portfolio manager at coutts, it has been at times a legal high gold exposure surging upwards in times of stress. for those days seem to have gone. trimming it. that is a fact that there's a real shortage of low risk investments of on german bunch negative. >> but you're saying it's trading like other risk assets at the moment. >> at times, it's correlated with em. so it's less attractive from a portfolio construction perspective as compared to what it was. >> it's fascinating because we've been talking about one theme for 2013 being is it a stock picker's market, are we seeing less differentiation, what you're saying would suggest that
favorite example, which i went back and looked at it kind of horrified me. uk's might remember this widely reported. in january 2007, think about that date january 2007, mike bloomberg and chuck schumer, commissioned a report from mckenzie when new york was falling behind compared to london. to be the support you can google it in 30 seconds. it's shocking the main problem, the single biggest thing holding back the u.s. economy is overly harsh regulation of credit derivatives. it's in this report you will start a section on credit derivatives, how we need less regulation of them otherwise london will take over global finance. what was amazing at the time is everybody agreed that this report. eliot spitzer was quoted saying how great this was. chuck schumer was one of the sponsors in the u.k. labor was running the u.k. and even the critics said this report showed that even the labor is kind of spending far too much money on the nhs at least they give regulation right. so there was a very widespread bipartisan kind of economic faculties of the western world bought into this and that played a
the uk banned handguns. the surprising result that could change the gun control debate. "the kudlow report" start ises right now. >>> the big news tonight, still the developments in washington on the fiscal cliff, eamon javers joins us with the details. >> good evening, meshel. capitol hill sources tell cnbc that congressional leaders are planning to go to the white house tomorrow to meet with president barack obama and it is not entirely clear at this point when that meeting will take place and details are still being hammered out and we saw today a blistering series of rhetorical jabs from one side to the other and it's not clear as a result of all that whether a deal can, in fact, get hammered out in the remaining time before new year's eve and take a listen to senate republican leader mitch mcconnell earlier today explaining the problems he's facing in washington. take a listen. >> the truth is we're coming up against a hard deadline here and as i said, this is a conversation we should have had months ago. and republicans aren't about to write a blank check for anything senate d
. it is quite an unprecedented move for the u.k. and other european states to some and israeli ambassadors to try to -- to summon israeli ambassadors to try to pressure them. it is always easier for them to maneuver around it. i think it will be interesting to see if crime and not -- prime minister erdogan yahoo! will be -- it will be interesting to see what prime minister netanyahu has to say in the coming days. >> what is israel planning to build on? >> this is a very significant area we are talking about. it is an area east of jerusalem, it collects -- the next a large settlement to jerusalem. it would cut off east jerusalem from the west bank. it would make it impossible to have a connection between east jerusalem and the west bank. this has been married controversial, -- the e1 area has been very controversial. there is a red line for the international community that has been crossed, which is why we are seeing those strong reactions. >> thank you for that. in that egypt top judges have agreed to -- >> egypt's top judges have agreed to oversee a referendum. this comes a day after they
in ireland every day, but just not physically in the country. they happen in the u.k., but they happen to irish people. >> women's rights activists plan to protest outside parliament every week until the taboos surrounding abortion is broken and the law is finally changed. >> we now head to the icy north where there is a territorial scramble for the arctic because huge deposits of oil and gas are believed to be located there. canada, denmark, norway, russia are among the countries competing for the resources. we accompanied a danish icebreaker on its journey to the north pole. the expedition includes scientists who are hoping to find evidence to support their claim to the region. >> in august, some sunshine and clouds revealed the full might of mother nature in a special way. the conditions nature creates are likely to be the biggest challenge for 45 researchers on board the icebreaker. the danish government has commissioned the geologists' to find out if a seabed in as part of the arctic is part of greenland's landmass and therefore belongs to the kingdom of denmark. christian leads t
it to victory in the first gulf war has died. why a group aimams in the u.k. base eyeing women who marry out of their faith should be accepted. >> more lively showers coming in across parts of northern australia, particularly of course -- across the north and west. an area of clouds tumbling its way in there. a good deal whether -- wetter. is still very hot in perth, temperatures around 30 degrees celsius looking for high temperatures around 32 for brisbane. drying out toward the southeast. rain affecting new zealand the next couple of days -- further north we may see a tropical storm developing around the solomon islands which would bring increasingly what weather across the region. pretty wet across the good part of southern india and sri lanka, the northeast monsoon, one terrain's across a good part of sri lanka now struggling with widespread flooding. over 300,000 affected. north, largely dry. winter weather along afghanistan and northern pakistan and the far north of india, in the process of petering out. we have rain petering out across the arabian peninsula. in doha, lively downpours
.s. ambassador to the u.k. or france. what? my take on that next. stuart: superstorm sandy made landfall in america more than a month ago. some businesses are still seeing the effects. shares of darden restaurants, that's the company that owns red lobster, olive garden, they are down today after the company announced it expects to make less money next year than it originally forecast. the company is blaming superstorm sandy for its lackluster performance. republicans submitted their solution to the fiscal cliff yesterday. white house and other democrats dismissed it immediately. take a look at how that affected the market this morning. not at all. the dow is up 43. 13,000 is where we are. liz macdonald says we will see is a last minute deal, christmas eve, new year's eve, on the fiscal cliff. we shall see. next, a special early my take. i am fired up about the prospect of ambassador anna wintour. i couldn't wait for the normal time. i'm going to do it early. stay right there. and one of the most cited economists in the world. professor sargent, can you tell me what cd rates will be in tw
is 2.4% more than the u.k. will the prime minister be gracious enough to congratulate iceland on working hard? >> if the case for an independent scotland is make us more like iceland, i am not sure i would -- that would totally recommend itself to the voters. i have a very good relations and i will make sure that remains the case. >> can i welcome the unemployment, where unemployment has fallen steadily, i urge the prime minister -- steadily. >> i am grateful for the point. we will continue for the use contract, and worked experience. what we are seeing is large numbers of people who go into work experience come off benefits, by a job, and find it is a good start to a career and a working career. that is what we want to see. i thank you. unemployment in scotland [indiscernible] is the prime minister as shocked as i am that some managers were encouraging employers to go into unpaid walk-in experience placements? will the prime minister condemn this practice immediately? >> an important point. we want work experience places to the additional places, encouraging more young people
's royal family turns up dead. we have reaction from the uk and asked if the public ridicule may have played a role in this heartbreaking turn of events. one of our most important allies at risk of losing the democracy that people died for a couple of years ago. we'll look at the future of egypt and what will happen if one of america's most important allies implodes. [chanting] u. call now and find out about an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, it helps pick up some of what medicare doesn't pay. and could save you thousands in out-of-pocket costs. to me, relationships matter. i've been with my doctor for 12 years. now i know i'll be able to stick with him. [ male announcer ] with these types of plans, you'll be able to visit any doctor or hospital that accepts medicare patients. plus, there are no networks, and you never need a referral to see a specialist. so don't wait. call now and request this free decision guide to help you better understand medicare... and which aarp medicare s
as analysts cut their outlook for the uk power group. >> okay. welcome. it's the start of a brand new week here on "worldwide exchange." and don't adjust your set, kelly and i are together. >> for once, for a day. >> but make the most of it because it won't be lasting. >> if only there were a slo-mo. >> i'm going to enjoy as much as i can of today. >> and likewise. and then we're going to have to get all of our u.s. voouers to find cnbc world because they could get three hours of you, carol and carolin for the rest of the week. >> whatever they can do. record it and fast forward to the good bits. >> yeah. >> it will be 2:00, 3:00 in the morning or whatever. >>> on today's show, plenty to come on. >> yes. the south american union faces ejection from the imf for allegedly cooking its books about the innation rate. we'll head out to europe where the swiss banking giants could be facing $1.6 billion over libor rate rigging allegations. >> and we'll be on the floor in beijing where china's leaders just wrapped up a major conference. >>> and japan's prime minister election is calling on the bank
in the uk, multiple sources say she took her own life and was found on the hospital premises this morning. they tried to revive her but unsuccessfully. the hospital interestingly said that they have been supporting her through this difficult time and telling us that she was having a tough time. we don't know exactly why or what else was going on in this woman's life. but it appears that she did commit suicide on the grounds of the hospital. anyone else who worked with her but people described as stunned, that the news is staggering. one of the things that this prank phone call really highlighted, aside from the fact that it was a breach of security, was the kindness and unsuspecting nature of both of the nurses who took the phone call. this nurse in question today was the one who originally took the call and then transferred it to the duchess of cambridge's ward. the hospital even said, you know what, these nurses are trained to care for patients, not trained to deal with journalistic trickery. >> michelle, thank you. >>> talk about a major flip-flop from the senate majority. mitch mcconn
. nipton is experiencing a mini boom getting visitors are from all over. >> people from the u.k. tokyo, australia, france. i was amazed when i came to work here how many people from other countries come to visit our little town. >> and their little town's population has now blossomed to 60 residents. as clean tech job seekers stream into the area. >> it's terrific for me because it's sort of like i'm realizing my dream and doing something i really like doing that is turning into a business success. >> growman says he has more plans for town more solar panels. anything to get people within ecofriendly mind set to stop on by. harris back to you. >> harris: he has us talking about him so there you go. >> that's right. >> harris: anita, thank you. >> a warehouse filled with fireworks explodes killing one person and dozens of other person are hurt. it's our top story as we go around the world in 80 seconds. nigeria. it led to a massive fire in the country's largest city and their windows shook in homes files away. crews navigated through crowds. fireworks kept going off an hour after the in
. number two, u.s., number 3, canada, n4, uk. something we found in our research very interesting here, new data showing employees of companies lucky paramount pictures, warner brothers, disney, sony pictures, they're all illegally downloading this material while at the same time their industry is calling for a stop to this. interesting. >> trace: evil, evil insiders. ferry. >> thank you. >> syrian rebels reject offers for more peace talks but the decision may have more to do with who was offering those talks. >>> police say the woman in this surveillance video pushed a complete stranger to his death. another fatal confrontation on a new york subway is coming up. [ male announcer ] alka-seltzer plus presents the cold truth. i have a cold, and i took nyquil, but i'm still "stubbed" up. [ male announcer ] truth is, nyquil doesn't unstuff your nose. what? [ male announcer ] it doesn't have a decongestant. no way. [ male announcer ] sorry. alka-seltzer plus fights your worst cold symptoms plus has a fast acting decongestant to relieve your stuffy nose. [ sighs ] thanks! [ male announcer ] you'r
around the u.k. so i could see how she interacted with people. in addition to interviewing people there were lots of other ways that i developed my sense of who she is and how she goes about her job. >> was she aware that you are writing this book? >> she was, yes. she was aware. i initially approached the palace when i got the assignment from random house and wrote a very polite letter and got a very polite letter back saying we appreciate your interest and a lot of people are interested in writing about the queen. we have a hard time choosing somebody but fortunately i had a group of people who helped enormously with the diana book. some of them had worked for her. some of them were her relatives and they became my advocates. and went to her senior officials at buckingham palace and said yes she's an american, but she has a body of work that shows that she writes fair and balanced books and it would be a serious book. it would be a theory -- thorough book. after six months they briefed the senior press people and she gave them permission to give me their cooperation which was ve
a house near ethel kennedy and now she's in the uk and she was named the moist charitable celebrity of 2012. >> and she's a serial dater. >> all her songs are about dating relationships. >> that's how she keeps the music going. dates new guys. tears them apart and wrooishts a song about them. >> and seth mcfarland? >> i think he's the coolest guy ever. >> very handsome. >> he's behind "family guy" and he was "gq" man of the year and he was the host of snl and he was nominated for a grammy and not to mention he's the guy behind "ted" the best movie of our generation. >>> and did we mention the gq part? and finally royalty. prince harry for his now infamous trip to las vegas? >> this was the biggest story, i think, in the year. he's like at a pool party and playing naked billiards. i think this definitely caused some problems for people on both sides of the pond. >> looking forward, 2013. who do you think are going to be the a-listers making some top headlines? >> i think we'll still hear from the kardashians, unfortunately. jessica simpson will be pregnant for another 48 months. it's
over next send. that cnooc would be allowed to do it. it needs u.s. and u.k. government approval as well. because they have nexen has significant assets in both nations. they also at the same time, canada approving a $5.25 billion deal proposed by malaysia petroleum in bid for progress energy. canada selling off assets to two state-owned entities. cnooc deal liable to get a little bit of attention here as well i'm sure, melissa. melissa: very much so. robert, thanks so much. >>> moving on we picked up on an interesting idea to solve the debt crisis. here it is. have the government mint two platinum coins and assign them a value of trillion dollars each. deposit the coins directly into the federal reserve, boom like magic we're $2 trillion away from hitting debt ceiling. under the current law this is perfectly legal. our "money" power panel is back to discuss economist peter morici. jonathan hoenig from capitalist and ian shepherd son from pantheon macro advisors. guys, what do you think? this is serious idea out there being float the around. we have the peterson institute
of "vogue" could be named ambassador to the uk or france by president obama. very interesting. [ laughing ] ahh, cloudy glasses. you didn't have to come over! easy. hi. cascade kitchen counselor. look! over time, cascade complete pacs fight film buildup two times better than finish quantum to help leave glasses sparkling. cascade. the clear choice. with resolve deep clean powder. the moist powder removes three times more dirt than vacuuming alone while neutralizing odors for a clean you can see, smell and really enjoy. don't just vacuum clean. resolve clean. [ female announcer ] he could be the one. soulmate. husband. loving father to your children. but first you've got to get him to say, "hello." new crest 3d white arctic fresh toothpaste. use it with these 3d white products, and whiten your teeth in just 2 days. what will a 3d white smile do for you? new crest 3d white toothpaste. life opens up when you do. ♪ you're a mean one mr. grinch ♪ you really are a heel ♪ you're a mean one mr. grinch ♪ you really are a heel >> i love when his heart turns soft. [ laughter ] he has one. >>
said. we know we're not perfect. this is the managing director, starbucks u.k. we've listened over the past few months. we're committed to the u.k. we will give us an opportunity to build trust and customers. starbucks admitted they were shocked -- they were surprised about the ferocity of the complaints against them. this feeling. does amazon and google follow suit? i think google is a different kettle of fish. google, you do it at your computer. you don't really make that same conscious decision as a consumer. amazon, possibly. you do go on to they could see a consumer backlash. it's the real consumer facing companies, like starbucks, and remember, suzanne, yesterday the british chancellor revised them downward. he raise the taxed and cut -- in that environment, what starbucks has basically done, voluntarily is say we'll pay our share. or at least part of it. >> appreciate it. this guy works as a consee arj in a powerful washington d.c. building. his passion to give back to his hometown in africa has now inspired a whole community. [ male announcer ] this december,
to the source. fast. [ male announcer ] stop the uh-oh fast with kaopectate. >>> the southwest uk is getting hammered with rain causing some travel nightmares. it has to rain a lot in the uk to make any kind of difference. they're used to it. there is floodwater everywhere in devon, england. the drenching rain is causing massive travel problems. with roads and rail lines as well washed over. that's affecting the commute for people. britain's lined up sandbags on the weekend and now officials are warning people about even trying to get out on the roads. parts of wales and scotland are also getting flooded. >>> people in chile and argentina are watching a volcano that straddled the border between the two countries. the volcano has been spewing smoke into the sky. ash has been raining down on surrounding towns. you can see it there. almost looks like snow. it is ash. i'm joined now in the phone by larry masten. so far, chile is on red alert, but no one has been ordered to leave. why is that, larry? >> well, i can tell you based on what i've seen in the reports from the chilean agency, there was
in the past in the uk. thanks so much. >>> and as nato prepares to deploy patriot missile defenses to turkey and votes coming up this week, secretary of state hillary clinton in europe this week has warned the assad regime and syria against resorting to chemical weapons. >> their behavior is reprehensible. their actions against their own people have been tragic. but there is no doubt that there's a line between even the horrors they have already inflicted on the syrian people and moving to what would be an internationally condemned step of utilizing their chemical weapons. >> joining me is former california congresswoman and president of the woodrow wilson center, jane harman. congresswoman, let's talk first about syria and the chemical weapon threat and all of the pressure now on the u.s. to recognize the opposition and to become more engaged. are there any options that you hear are likely to be taken? >> well, the focus is now on syria. events on the ground are changing. if these published reports are to be believed and there's some efforts to move chemical weapons i believe as hillary cli
a and officer training academy. members asked about the uk's immigration policy and concerns over proposed national health services spending cuts. >> questions to the prime minister. >> number one, mr. speaker. >> thank you. i am sure the whole house will wish to join me in sending our best wishes for christmas to our brave armed forces in afghanistan. it to their families who will be missing them, and to the servicemen and women around the world -- you are always in our thoughts. we owe you a deep debt of gratitude and sinew our heartfelt thanks at christmastime. i have meetings, and in addition to my duties i shall have further such meetings later today. >> thank you, mr. speaker. thanks my right honorable friend for comments about wishing a merry christmas to our service families under deployment -- service members under diplomat and their families. could my friend also tell me what progress has been made to remove the metals -- give the metals, especially those who served in arctic convoys, for their bravery? >> i thank my friend. on the issue of medals, which is gone on for a very lon
the uk's immigration policy. also proposed health services spending cuts. >> order. questions to the prime minister. >> number one, mr. speaker. >>
, as well. >> as for action in the overseas markets, the u.k. is closed today for boxing day as are some of the former brish colonies. in europe the dax down about there about 35 points, around half a percent. and overnight in japan, the nikkei, the yen falling to a 20-month low. you have the nikkei up 1.5%. the nikkei -- yen versus the dollar as shinzo abe returns to office as japan's new prime minister, promising monetary and fiscal reforms. we have the shanghai composite there up about a quarter percent. >>> all right. in today's top stories, the u.s. is five days away from going over the fiscal cliff. president obama is cutting his holiday vacation short, returning to washington tomorrow to continue talks to try to avoid that automatic tax hike and spending cut combination. that's the same day that congress returns to town. before the president left town on friday, he suggested a stopgap measure to freeze tax rates for people making less than $250,000 a year and extend unemployment benefits. reports say white house staffers have been quietly working with senate democrats to come up w
a uniformed cop at every school with no issues. and rea quoted laughable, uk and others are baffled by nra insistence guns are good. you've lost your tag land of the free. keep them coming, we will continue to check on them and read that twitter feed throughout the morning. >>> well, the past 12 months were full of big moments, historic moments, emotional moments, and of course, some pretty funny ones too. here's a look back at the biggest stories of 2012. >> thank you so much. >> the crowd has gathered here. >> we want to be free people. >> the italian cruise ship capsized. >> nearly 23% on unemployment. >> joseph kony. >> viral on social media sites. >> outrage stirs social media. >> my name is sandra -- >> the affordable care act. >> legitimate rape -- >> the largest ipo in tech history. >> one article has the entire country talking. >> the president says he now believes that same-sex marriage should be legal. >> we now know the name of the suspect blamed for the movie theater shooting spree. >> shooting at the sheik temple in wisconsin. >> people have been shot in front of the empire s
in the christmas special in the u.k. and then type is on the search box on twitter you get loads of comments including this one warning people to avoid the papers today followed by a spoiler tweet save one particular actor is leaving the series. i have it on good authority that a key member of the crowley family dies tragically near the end of the new season. i can tell you who it is but that would be wrong. lori: you are pathetic. dennis: y? tracy: bathing suits and chases? [talking over each other] lori: compelling and so well done and there is no bad language, no nudity but the story is so interesting. the fact -- that is my point. you don't need it. tracy: got to run but we will continue this debate off camera. lori: best show on television. tracy: we have breaking news. [talking over each other] tracy: gop conference call. eric cantor ridge just announce the house plans to return on sunday at 6:30 p.m. and will be in session sunday through friday, that is after new year's by my calendar, still awaiting senate action but will be back on sunday, 40 hours that you were talking about. it is
to this government in exile, if you will, as being recognized by france, the uk, turkey, gulf cooperation council countries and now the united states. >> this is going to complicate things, because now at the same time we have this state department saying that a small portion of the rebels are terrorists. they are al qaeda. how does that complicate the situation? the u.s. is trying to support the rebels. the president says this is a legitimate organization, the government, and yet, you have terrorists inside on the ground as part of the rebel forces. >> these jihadi fighting forces are making the rebel advances by the way. when you hear them made in and around damascus and a big army base outside of aleppo overtaken by rebels, these are the fighting forces with training in iraq, the jihadis are foreigners. it's a small component but making advances. the head of the opposition group is criticizing the u.s. for designating this rebel group as a terrorist force perhaps he doesn't want to be seen as a puppet of the united states. by the way, the u.s. is now inviting the head of the opposition, the po
are doing today. in the uk and p many other parts of world people celebrate boxing day, much like black friday in the united states. retailers offer extreme discounts. crowds of up people fill the streets and stores today hoping to take advantage of those sa s sales. some brave folks in the czech republic took on a freezing river during the traditional christmas swim. the temperature there was 46 degrees fahrenheit. >>> i'm suzanne malveaux. the renewed debate over guns in america playing out is sever fronts today. we'll get right to it. it sfwens fied after the horrific shooting in a newtown, connecticut school that left 6 adults and 20 first graders dead. today los angeles is holding a gun buy-back program. it's usually in may but the mayor decided to move it up after the newtown shootings. >> people want to do something, particularly after the newtown tragedy. now this latest tragedy where two firefighters were shot and killed. they want to act. they're tired of waiting on the congress and our legislatures to do something. they feel like there's too much talk and not enough action,
that will get smaller and smaller and smaller. the uk, well under 2. china, 1.55. we know they've actually implemented policies because they want to control population. in the bigger picture, fooling around with mother nature in this way could have hugely negative consequences. russia 1.43 and germany, 1.41. at the very bottom of the list, other than certain countries where the information is not available, the bottom of this list was singapore at .78. i know we're dealing with so many issues nowadays and i blow a gasket over many of them, whether fiscal cliff, unfunded liabilities, at some point, growth is the answer. when you start considering where the engines of growth have been and what their population declines may be, it makes one wonder, where is the horsepower from global growth will come from and this at some point needs to affect the picks in your stock portfolio. back to you. >> rick, i'll take it from you, rick santelli. >>> even starbucks is worried about the fiscal cliff. and we'll take you live to one of those location as they launch their initiative. back in two. to live a
know now that she's pregnant. she's being looked after by the top doctors in the u.k. they would argue. we'll see what happens. certainly we're going to be here for a few days, ashleigh. monitoring the situation for you. senior royals have been informed. prince harry, they're trying to get ahold of to inform him. prince william is in there supporting her. >> just quickly, while we're all excited about a royal pregnancy and the lavishness of their lives and all the rest. it can't be understated she could be pregnant with a future king or queen. >> well, it's interesting, this debate because you would understand from what politicians have told you that they have changed the act of succession to allow the first born, if it is a girl, to become queen. that's not actually the case. very, very complicated legal procedures have to be gone through. they haven't even identified the laws that they have to change in order to do that. they go back hundreds of years. there's a committee in new zealand that's debating this. there are several countries, 15 countries, that have to agree to change this
to the uk. and anna wintour after all is british. and the guessing game even began as to who might replace her at vogue. those rumors over the past several months actually had died down, brooke, until today. but you can imagine why people are talking about this. listen, as one writer put it, the tea party has the coke brothers. mitt romney had bain capital, but only president obama has anna wintour. this is a woman who was one of the president's most powerful boundlers of donations. she raised more than $500,000 toward president obama's re-election campaign. she held a $40,000 a plate dinner party at sarah jessica parker's townhouse in new york earlier in the fall. she later held lavish fund-raisers, star studded by the way, in london and paris. >> so she's raised all this money and done so much for the obamas, what is she saying? what is vogue saying about this? >> you know, vogue will only officially say that these are still rumors and that she's very happy in her current job. listen, i do know anna wintour a little bit, brooke. and i can tell you that there are people close to her in so
to get approved but they are moving in that direction. zynga is looking to start black jack in the u.k.. i am saying it is intriguing because of on- line gambling. this could bring in revenue. >> if you want to gamble than buy some stock shares for $2.50 an gamelagamble on >> i like yoyelp, someone went on yelp and said that in one doctor gave her frankenstein and breasts. i like the ability to be able to go to the sides and complained. i do not like the ability that there is no leash. i can go in trash the local contractor and make stuff up. on-line identity has to improve for this tuesday and place. >> the old is being held responsible? >> yes >> call of duty, blacktops to has sold a million already. >> they sold a billion dollars worth in the first 15 days. they beat out call of duty in modern warfare. this is a blockbuster flat franchise but unfortunately it has not done much. you hit a home run with this one but you strike out with harry potter video game. it is a billion dollars, i brought that up because it movies do not make a billion dollars. this is a blockbuster and people t
investigations are done. what happens in the uk and other places, it's an inquest to get information. that will regroup again in march. >> thank you. appreciate it. >>> another chapter in a bizarre story. it started with authorities in belize wants to talk to him about a murder. now antivirus founder john mcafee is back in the u.s., but might not be the end of the saga. unny. [ male announcer ] truth is, dayquil doesn't treat that. really? [ male announcer ] alka-seltzer plus fights your worst cold symptoms, plus it relieves your runny nose. [ breathes deeply ] awesome. [ male announcer ] yes, it is. that's the cold truth! campbell's has 24 new soups that will make it drop over, and over again. ♪ from jammin' jerk chicken, to creamy gouda bisque. see what's new from campbell's. it's amazing what soup can do. how they'll live tomorrow. for more than 116 years, ameriprise financial has worked for their clients' futures. helping millions of americans retire on their terms. when they want. where they want. doing what they want. ameriprise. the strength of a leader in retirement plannin
's grappling with the same question helped by some decent uk inflation data today. and a t-bill auction in spain. our road map begins with what appear to be significant progress in the debt negotiations overnight. a whose proposal looking to raise rates for those making more than $400,000 a year. but senator corker on squawk just poured a bucket of ice water on those hopes. >> whitney boosts her recommendations on citi, bank of america and discover financial. is that move by one of the more famous financial bears, a sign of a new era for banks? >> walmart is once again the target of a "new york times" investigation. but does the paper add anything new and can the stock outperform just as it did last time. >> private equity firm server said it will sell the firearms conglomerate. is private equity talking about guns in the country. >> futures moving higher on optimism. the white house republicans rising above partisanship, getting closer to striking a deal on the fiscal cliff. we have the latest on not just the breakdown of this offer, but by the response of some key senators this mornin
is experiencing a mini boom, getting visitor from all over. >> people from the u.k., from tokyo, from australia, france. i was amazed when i came to work here how many people from other countries come to visit our little town. >> reporter: and their little town's population has now blossomed to 60 residents as clean tech job seekers stream into the area to see the solar installations and more rare earth mining which is being expanded in the nearby hills. >> it's terrific for me because it's sort of like i'm realizing my dream of, and doing something i really like doing that is turning into a business success. >> reporter: and freeman says he also has plans for an organic farm, electric vehicle charging stations and, of course, more solar panels in the near future. and he also prides himself on being only one of two people in the whole country to actually own a town. heather, back to you. heather: and that is quite a feat. thank you very much, anita, we appreciate it. gregg: good for him. heather: interesting. gregg: all right. one random act of kindness safing the day for a heartbroken little g
hangover. it was worth it, wasn't it? so good. but in the uk, canada, and some other parts of the world, people are celebrating boxing day. okay, so it is like a black friday in the u.s., retailers offer big discounts, crowds of people fill the streets and stores today hoping to take advantage of those sales. >>> we're a few minutes away from the top of the hour and "the situation room". joe johns is here with the preview. >> a lot of news out there for the day after christmas. we're counting down the minutes until we reach the fiscal cliff. the congress and the white house are running out of time. there was supposed to be a leadership telephone conversation today, while the president heads back here from hawaii. senior congressional correspondent dana bash is following that closely, so we'll be checking in with her. we're also staying on the story of the gun culture in america. we'll talk to former congressman asa hutchinson, a man who is very well known here in the nation's capital, a long-time friend of the gun lobby. he's been tapped to lead the nra plan to put armed guards in schoo
and australia and the uk. the political aspect would be huge. >> low-income students are risk averse. they do not have secret bank accounts where they can address the situation. and if they fail, the burdens of being on them. they are less likely to pursue a college education if it means earning more than their parents do in a year. we expect pell grant recipients to graduate with more debt than middle and upper income students. they are anywhere from 150% more likely to graduate. we are burdening those the least capable of the most that. the problem is that they are going to impact access. >> the point before you go on, a lot of that is about communicating to families what this means. it is far from perfect, but they are borrowing well beyond their families capability, baking on the fact that they will be able to. theret disagree that isn't a perfect model, but i think it has huge potential. >> i want to move on to questions from the audience because i want to get in as many as possible. i think what is interesting, so far, there seems to be a lot of changes that would take political will th
territory. so we're firmly in recession here in the eurozone and in the uk as well. we saw services pmi come in weaker than expected. contraction territory for new orders -- this is the british chancellor today. george osbourne will be delivering his autumn statement where he's probably going to say growth isn't strong enough so we're going to not really meet our budget targets as well. all these things coming into play at the moment as we wait for the u.s. session. we did have a good piece of news, though, out of china. the new leadership saying wle do whatever it takes to maintain solid economic growth. the shanghai composite up nearly 3% today. that boosted retail stocks. we also had a spanish bond auction, prefunding for 2013. got nearly the 4.5 billion they wanted. yields in spain. the ten-year did come lower on that auction, so not a bad result. and bid to cover was okay. so spanish yields slightly higher after that. didn't raise the maximum amount. that's where we stand. it's another cautious day under way in europe. back to you guys. >> might get my haircut like hers, ross. you know,
making news on this saturday. the uk is joining the united states in saying syria is now preparing to use chemical weapons. meanwhile, syrian rebels chose a former officer to lead their unified group. the new commander had defected from the syrian military. also today, the syrian military dropped rockets on to damascus. under rebel control. >>> the los angeles police department looking for new clues in the 15-year-old murder mystery of rapper notorious b.i.g. they're looking into biggie's death again. yesterday police released his autopsy for the first time, hoping to generate some new tips. but family says they want more information. the rapper died in a 1997 drive-by shooting in los angeles. >>> and the second winner of last month's powerball jackpot has come forward, but is not showing his face. arizona lottery official says the winner claimed his prize, but decided to remain anonymous, which is allowed under state law there. the officials say the man is in his 30s and will walk away with a cool $192 million before uncle sam comes a knocking. >>> turning back to domestic politics now.
. in the uk, a young rider heads out into the countryside on a pony for the traditional boston day hunt. and in prague, onlookers watch from a bridge as swimmers climb out of a river after diving into the icy cold water. hot shots, pictures coming in from around the world. >>> 2012 has been a year of surprises. some good, some not so good in the world of showbiz. cnn entertainment correspondent nischelle turner has a rundown. >> catchy dance tunes, celebrity breakups, and the tragic death of a singing icon, just a few of the topics that had people talking in the world of showbiz. here's a look at cnn's top ten entertainment news stories from 2012. ♪ so call me, maybe >> reporter: the song was almost inescapable. carly rae jepsen's song, "call me, maybe." ♪ so call me, maybe >> the force is now strong with disney. in a move that caught many by surprise, the "star wars" franchise's fiercely independent george lucas sold his company to the entertainment entire for more than $4 billion. what's more? disney's announced plans for three more "star wars" films. it's the superstar relationsh
. with that kind of help. the u.k. has supported us very much. we have been recently asking canada to support us on some of our structural reforms. in my case, right now, military reforms. it is getting a kind of support that is allowing us to get into these different levels. not all cases are equal, but it depends on what you find. for most, the idea of intervention and, i think it is better thinking about cooperation, even with the difficult partners. >> i really would like to get to the audience now. we have a fabulous panel. >> thank you so much. i'm from the united states. thank you, mr. mackay for your hospitality this year. this is a brilliant events. i have to say thank you to senator mccain for your service to our country and your calendar, as usual. -- your candor. the title -- of the really are the good guys -- have the special burden. for the first time have been convened in halifax, canada is in the chair of the arctic council. after canada's chairmanship it will be the united states. there are only eight nations making up the arctic council, but the whole world is interested. china
to prolong his detention based on false claims that he had a u.k. visa application. while in custody, mr. magnitsky was tortured by officials hoping he would withdraw his testimony and falsely incriminate himself and his client. refusing to do so, his conditions and his health worsened. he stayed in an overcrowded cell with no heat, no sunlight and no toilet. the lights were kept on throughout the night to deprive him of sleep. mr. magnitsky lost 40 pounds and suffered from severe pan korea at this time is and gallstones. months went by without any access to medical care. despite hundreds of petitions, requests for medical examination and surgery were denied by russian government officials. so were family visits. after his arrest, mr. magnitsky saw his wife once and never again saw his children. on november 13, 2009, sergei magnitsky's condition detear your waited dramatically. doctors saw him on november 16. he was transferred to a moscow detention center that had medical facilities, and instead of being treated there immediately, he was placed in an isolation cell, handcuffed, beaten a
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